Bitcoin halving. - page 3. | Bitcointalksearch.org

Meowth05

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Quote from: abdulfatah.busari on January 27, 2020, 06:02:50 PM

Hi guys.
No doubt about the fact bitcoin halving will definitely be coming up this year.
What do you make up of that event?
What do you think It is gonna be its effect in the price.?
Will you suggest accumulation of bitcoin before the event?

BTCCheersBTC

Honestly, I am not that sure if halving will have an impact on Bitcoin's value but I do recommend that you should really accumulate Bitcoin before the event because even if halving doesn't make any difference you could still HOLD it and wait till it pump. However, I have seen few speculation(not mine) who said that halving will bring a good impact on its price and in the market.

MI6

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Quote from: abdulfatah.busari on January 27, 2020, 06:02:50 PM

Hi guys.
No doubt about the fact bitcoin halving will definitely be coming up this year.
What do you make up of that event?
What do you think It is gonna be its effect in the price.?
Will you suggest accumulation of bitcoin before the event?

BTCCheersBTC

I think accumulation phase will happen again, but not much as when it is on last halving. Once again, maybe this is more like speculation. Because people only can predict what can possibly happen, and not exactly will happen in halving. I think halving will still attract people, especially if it look like will reach new ATH, people will start to buy it again.

Cimmy_revenger

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maybe this will be a little different from the previous halving.
if if the same, it is likely to go down first before halving and a few weeks after halving the price of bitcoin rises continuously.

Durad

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This is going to be the third Bitcoin Halving so far. Research shows that 85% of all bitcoin will have already being mined at the time of the halving, which is approximately 85% of the total Bitcoin supply. This would mean that at the time of the halving there would in fact only be around 13,700,000 Bitcoin available. That’s even less than 0.002 Bitcoin for every human on Earth!

msarro

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Quote from: abdulfatah.busari on January 27, 2020, 06:02:50 PM

Will you suggest accumulation of bitcoin before the event?

Accumlate bitcoin but at DIPS. I don't think accumulating bitcoin at current price will be a good idea. What we learned from previous halving is that price has gone, its only guess that this halving will also increase bitcoin price.

gabmen

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Quote from: Images21 on January 28, 2020, 03:22:53 AM

Quote from: abdulfatah.busari on January 27, 2020, 06:02:50 PM

Hi guys.
No doubt about the fact bitcoin halving will definitely be coming up this year.
What do you make up of that event?
What do you think It is gonna be its effect in the price.?
Will you suggest accumulation of bitcoin before the event?

BTCCheersBTC

Halving is supposed to be for the limitation of mining rewards. This is the same with the actual mining of precious metals and stones. The longer the mining is being done, the scarcer the reward goes because there is only limited resources. Just like Bitcoin, there are limited number of Bitcoins to be mined. Due to this, the value will also grow because of scarcity. This is in theory. In reality, the price is still determined by the public.

Well the public seems to be interested only in what happens to the price before and after this event takes place. More than understanding how and why it happens, a lot us prefer to look at previous halvings and make up speculation that compare this year's and the ones that took place in 2016 and 2012. Though you've put it quite simply there dude.

sayaya17

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Yeah bitcon halving will happen this year and it seems like this event has been eagerly awaited by all crypto circles because the effects of halving may have been felt by us from now on, namely the price increase on bitcoin is slowly beginning to rise to the surface. We hope that this situation can continue onward, although surely there will be a correction between these price increases. So do not miss to keep bitcoin in the wallet.

abhishek kumar

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WHAT IS BITCOIN HALVING

Images21

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Quote from: abdulfatah.busari on January 27, 2020, 06:02:50 PM

Hi guys.
No doubt about the fact bitcoin halving will definitely be coming up this year.
What do you make up of that event?
What do you think It is gonna be its effect in the price.?
Will you suggest accumulation of bitcoin before the event?

BTCCheersBTC

Halving is supposed to be for the limitation of mining rewards. This is the same with the actual mining of precious metals and stones. The longer the mining is being done, the scarcer the reward goes because there is only limited resources. Just like Bitcoin, there are limited number of Bitcoins to be mined. Due to this, the value will also grow because of scarcity. This is in theory. In reality, the price is still determined by the public.

xvids

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Quote from: abdulfatah.busari on January 27, 2020, 06:02:50 PM

Hi guys.
No doubt about the fact bitcoin halving will definitely be coming up this year.
What do you make up of that event?
What do you think It is gonna be its effect in the price.?
Will you suggest accumulation of bitcoin before the event?

BTCCheersBTC

Yes I would suggest to accumulate more before the event since the price usually go up before halving occur.
I also expect the price to reach atleast $13-15K before it happens.
It has always been like that even from the previous halving events,
And if I am not mistaken every halving there would be a BTC clone like BCH and BSV so it would be another reason to accumulate more.

Aying

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The possible scenario of the price during event was be big differences or might be possible also for the to double. although it is no like 2017 price or surpass it because the hype of that year is already fade and not possible to happen again but for sure for the current price we saw now it will double because halving event is everyone was waiting for.

mahilchii

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Everyone are excited to see halving this year, well I am planning to buy a Bitcoin now and wait till halving. Hopefully I can make some good profit, a lot of experts analysis says BTC could reach at least 15k by the end of the year also I did some research on this as well and it seems like the history will repeat again I am just curious to see that again.

lienfaye

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If we track the past history of bitcoin halving before we can see the impact of it to the price, now many are expecting that this year it will be the same thus they are accumulating before it happen.

Its quite normal to have an expectation because of this event but I dont want to rely too much on this. I hodl my btc for long term and if this halving will become the reason to see another bull run then its like a reward for us who patiently wait in times the market is bleeding.

Nevertheless we cant certainly predict whats going to happen after so lets just wait and see.

d.kevin29

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Quote from: Cryptopher on January 27, 2020, 07:11:18 PM

I suspect that a lot of people who invested money into crypto around the end of 2017 will have probably cashed out already.

It takes some strong hands to hodl from those highs. That said, anyone who already sold may have already bought back in to try recoup their losses.

All my friends who've bought in late 2017 haven't sold their BTC, nor have they bought more. I wonder how many of these many addresses holding since 2017 have had any BTC received since then.

I think holding happens more often than selling when a price crash occurs. My friends' mentality is "I'll wait until the price rebounds to an ATH to recover my loss", rather than "Let's buy more to lower the average BTC price I invested at". Remember, many of the late 2017 investors have put their money in BTC hoping to get rich overnight. Unless you sell, you still haven't lost anything basically. You still own the same amount of BTC. This is speaking from my real life experience though, anyone else's could be different..

bounceback

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Quote from: abdulfatah.busari on January 27, 2020, 06:02:50 PM

Hi guys.
No doubt about the fact bitcoin halving will definitely be coming up this year.
What do you make up of that event?
What do you think It is gonna be its effect in the price.?
Will you suggest accumulation of bitcoin before the event?

halving will certainly happen this year because historically half happened every 4 years, so I personally and other investors have previously bought a bit of bitcoin to prepare it because I am sure that when this event occurs, the price of bitcoin will rise to the highest level of all time and set a record new in the world of bitcoin.

GreatArkansas

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If we compare the upcoming block halving of Bitcoin to its previous halvings. This 2020 block halving Bitcoin is not so possible to reach a new all-time high.
If you check previous block halvings, we already see huge upward price actions months before the halvings like 5-10 months before the block halvings.
But now, if we can see, almost 4 months left before halving but we are still on almost half of its all-time-high price.
I am still positive on Bitcoin, even if we don't reach the all-time-high this upcoming block halving, It's okay for me.

thiagoxd

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as much as i read about it... it will result in growing price

peter0425

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Quote from: abdulfatah.busari on January 27, 2020, 06:02:50 PM

Hi guys.
No doubt about the fact bitcoin halving will definitely be coming up this year.
What do you make up of that event?

spreads the word for my friends and family since last year so they will be ready for this event and buy as much they can afford to lose.

Quote from: abdulfatah.busari on January 27, 2020, 06:02:50 PM

What do you think It is gonna be its effect in the price.?
Will you suggest accumulation of bitcoin before the event?

BTCCheersBTC

as many says,it will Grow this year that is i i suggest everyone that supports Bitcoin to accumulate now or be late for the profits.

White Christmas

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Quote from: abdulfatah.busari on January 27, 2020, 06:02:50 PM

Hi guys.
No doubt about the fact bitcoin halving will definitely be coming up this year.
What do you make up of that event?
What do you think It is gonna be its effect in the price.?
Will you suggest accumulation of bitcoin before the event?
BTCCheersBTC

Actually it is very obvious that bitcoin is coming this year 2020 as if it always happen every 4 years of the bitcoin or of the cryptocurrency. This probably means that the halving is always happening to control the distribution of the bitcoin all over the world and also to maintain the approximate mining of bitcoins by the miners all over the world.
It definitely affect the price and value of bitcoin because there will be a large impact of it in the liquidity of bitcoin and also to the price as we can see what is happening right now in the current market.

Ethereums

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if we talk about halving then its related to bitcoin supply. While its gets less by half per block, it will affect surely but not taking so fast since it needs time for people to know that supply gets cut and if demand gets rise, the price will be going up too. That's the scenario we know, but u know something not always people think. In 2016 it needs about a year to make a movement, in 2012 too more or less. So don't assume it will get rocket as soon halving arrive.

Topic: Bitcoin halving. - page 3. (Read 816 times)